Share transfer in private limited co . (from nri to nri )
This query is : Resolved
shalini Kpaoor
(Querist)
14 April 2013
Can anyone please share views on the process of share transfer from NRI to NRI with NO change in the holding structure of Indian company along with RBI regulations ?
According to me ... it will not attract any RBI norms since money is not flowing in India, only intimation letter will go to RBI about such share transfer along with the compliance of Sec 108 ... Please suggest !!!
According to me ... it will not attract any RBI norms since money is not flowing in India, only intimation letter will go to RBI about such share transfer along with the compliance of Sec 108 ... Please suggest !!!
CA. Anuj Gupta
(Expert)
14 April 2013
Shalu , you are correct.
Anuj
femaquery@gmail.com
Anuj
femaquery@gmail.com
02 June 2013
You are right and the formalities of ROC is to be completed and the name of other NRi is to be inserted. I agree with the expert
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